24,036 Shares in Invesco Next Gen Connectivity ETF $KNCT Purchased by Truist Financial Corp

Truist Financial Corp acquired a new stake in Invesco Next Gen Connectivity ETF (NYSEARCA:KNCT) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 24,036 shares of the company’s stock, valued at approximately $3,220,000.

A number of other large investors also recently bought and sold shares of the stock. Nilsine Partners LLC purchased a new position in Invesco Next Gen Connectivity ETF during the fourth quarter worth about $1,384,000. Hennion & Walsh Asset Management Inc. purchased a new stake in shares of Invesco Next Gen Connectivity ETF in the 4th quarter valued at approximately $544,000. Fulcrum Equity Management acquired a new position in shares of Invesco Next Gen Connectivity ETF in the 4th quarter worth approximately $304,000. Raymond James Financial Inc. acquired a new position in shares of Invesco Next Gen Connectivity ETF in the 2nd quarter worth approximately $229,000. Finally, Assetmark Inc. purchased a new position in shares of Invesco Next Gen Connectivity ETF during the 4th quarter worth approximately $29,000.

Invesco Next Gen Connectivity ETF Stock Performance

Invesco Next Gen Connectivity ETF stock opened at $191.56 on Tuesday. The company has a market capitalization of $151.33 million, a PE ratio of 24.46 and a beta of 1.06. Invesco Next Gen Connectivity ETF has a fifty-two week low of $106.68 and a fifty-two week high of $191.63. The firm has a 50 day moving average price of $153.03 and a 200 day moving average price of $142.78.

Invesco Next Gen Connectivity ETF Profile

The Invesco Next Gen Connectivity ETF (KNCT) is an exchange-traded fund that mostly invests in information technology equity. The fund is passively managed, tracking an index comprised of stocks of companies that derive at least 50% of their revenue from future connectivity technologies and products globally. Fund holdings are selected and weighted based on amount of revenue tied to the segment and market capitalization KNCT was launched on Jun 23, 2005 and is issued by Invesco.